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20131202
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Dec 7, 2013 5:30pm PST
bodies in the capital city. >>> president obama urged the congress to extend the federal unemployment benefits. caring for the long term unemployed is one challenge and so is finding jobs for the young workers. their unemployment rate is in the mid teens and even higher than that among young minorities. for more about all of this, we are joininged by victoria stillwell. there was a recession in the '70s and a stock market crash in 1987 and jobs were scarce. what makes this so different for young americans compared to those times? >> the great recession was unprecedented. it exacerbated trends. we have been seeing unemployment for people aged 26 16 to 24 hig. but that spread has widened out. in the last recovery the pred between unemployment for young people and for everyone else was about 5 to 6 percentage points and now it is 7 percentage points. we have an unemployment rate that is double the national average. that's a problem. >> one of the things that is interesting about this. we are not talking about low income starter jobs. these are people getting ready to start their careers
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